4 Ways To Prepare For A Volatile Economy
‘Once you start missing budgets, not only do you have financial problems, but people also lose confidence in you,’ says Thomas Allen Carver, founder of Harren Equity Partners.
‘Once you start missing budgets, not only do you have financial problems, but people also lose confidence in you,’ says Thomas Allen Carver, founder of Harren Equity Partners.
Companies that work to immediately reduce the impact of tariffs and other costs instead of raising prices will gain market share, says Maine Pointe’s CEO Joe Esteves.
“Companies will never have all the answers at a time like this when things are unfolding quickly,” says Moira Conlon, CEO of Financial Profiles.
‘While some events are genuinely unpredictable, this one was not. The warning signs were clear,” writes former CFO and CEO Brian Olson.
“The goal is to be prepared without being paralyzed by over-planning,” says alliantConsulting managing director Joy Taylor.
“Any professional procurement person is not going to be excited to hear about a price increase, but they’ll accept it,” says Simon-Kucher’s Adam Echter.
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